ಕಂಪನಿಯ ಅಕೌಂಟಿಗ್ ಪಾಲಿಸಿ Unisem Agritech Ltd.

Unisem Agritech Limited was originally incoportated as Unisem Agritech Private Limited under the provisions of Companies Act, 2013 with
certificate of incorporation dated 09.09.2016 issued by Registrar of Companies (CIN: UOI1KA2016PTC096390). Further, pursuant to Special
Resolution passed by the shareholders at the Extra Ordinary General Meeting held on 11.02.2025, the Company was converted into a Public Limited
Company and consequently the name of the Company was changed from Unisem Agritech Private Limited to Unisem Agritech Limited vide a fresh
Certificate of Incorporation dated 25.02.2025, issued by the Registrar of Companies, CPC. The Corporate Identification Number of Company is
1.01100KA2016PLC096390. ''

Nature of Operations

The company is engaged engaged in developing, processing, and selling diverse range of seeds for vegetables, flower and field crops. By integrating
conventional breeding techniques, we strive to develop hybrid vegetable, flower and field crop seeds that offer higher yields, improved product
quality, and greater resistance to pests and diseases compared to naturally occurring varieties. Our core operations focus on developing hybrid
vegetable, flower and field crop seed varieties and processing them to ensure the consistent quality''. The company''s operations are carried out in
Ranebennur. Karnataka. Additionally, the company has expanded its presence with offices in various states, including Telangana, Madhya Pradesh,
Odisha, Bihar. Chhattisgarh, Uttar Pradesh, and Patna, as well as other locations within Karnataka. Apart from this, the company has over 800
distributors across India.

Basis of Preparation of Financial Statements

These Standalone financial statements as restated are prepared under the historical cost basis of accounting and evaluated on a going concern basis,
with revenues and expenses accounted for on their accrual to comply in all material aspects with the applicable accounting principles and applicable
Accounting Standards notified under section 133 of the Companies Act 2013, read with Companies (Accounting Standards) Rules, as amended from
time to time and the relevant provisions ol the Companies Act, 2013, as applicable. The accounting policies have been consistently applied by the
Company: and the accounting policies not referred to otherwise, are in conformity with Indian Generally Accepted Accounting Principles (’Indian
GAAP¹). The accounting policies adopted in the preparation of standalone financial statements are consistent with those of previous year.

The Standalone Financial Statements lor the year ended 31st March, 2025, 2024 and 2023 have been prepared in accordance with Schedule III of the
Companies Act. 2013. l or the purpose ot inclusion in the offer document, audited standalone financial statements are prepared in accordance with
Schedule III of the Companies Act. 2013. The adoption of Schedule III of the Companies Act, 2013 do not impact recognition and measurement
principles followed for preparation of financial statements. However, adoption of Schedule III of the Companies Act. 2013 has significant impact on
presentation and disclosures made in the financial statements for these years.

Use of estimates

The preparation of standalone financial statements require estimates and assumptions to be made that affect the reported balances of assets as on the
date of the standalone financial statements and the reported amount of revenues and expenses during the reporting period. Accounting estimates could
change from period to period. Actual results could differ from these estimates. Appropriate changes in estimates are made as and when the
Management becomes aware of the changes in the circumstances surrounding the estimates. Changes in estimates, if any, are reflected in the financial
statements in the period in which the changes are made and if material, their effects are disclosed in the notes to the standalone financial statements.

l hese financial^ statements are presented in Indian Rupees (INR) which is the functional and presentation currency. All amounts disclosed in the
Restated financial statements and notes have been rounded off to the nearest lakhs as per the requirement of Schedule 111. unless otherwise stated.

The following signiiicant accounting policies are adopted in the preparation and presentation of these standalone financial statements:

1. Revenue Recognition

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured.

Other Income

Revenue in respect ot interest, R&D income and other claims is recognised only when it is reasonably certain that the ultimate collection will be made.

2, a) Property, Plant & Equipment (PPE)

An item ot Property, Plant & Equipments is recognized as an asset if it is probable that future economic benefits associated with the item will flow to
the company and its cost can be measured reliably. Gross PPE are stated at cost of acquisition including incidental expenses relating to acquisition and
installation and net of input tax credits, less accumulated depreciation and impairment loss, if any. Cost includes all expenses incurred to bring the
asset to its working condition and current location for its intended use. Borrowing cost incurred, if any, during the period of construction is capitalized
as pait of cost of qualifying asset.

b) Capital Work-In-Progress

Capital work-in-progress comprises cost of fixed assets that are not yet ready for their intended use at the balance sheet date. Currently, the Company
is constructing a processing plant which is under construction, being located at Plant R S No 11B. Near Bhavani Rice Mill *Magoad Road
Ranebennur-581115.

c) Impairment of Assets

The carrying amounts ot assets are reviewed at each Balance Sheet date if there is any indication of impairment based on internal / external factors. An
asset is impaired when the carrying amount of the asset exceeds the recoverable amount. An impairment loss is charged to the Statement of Profit and
Loss in the year in which an asset is identified as impaired. An impairment loss recognized in prior accounting periods is reversed if there has been
change in the estimate of the recoverable amount, •

d) Intangible Assets

Intangible assets are recognised, if the future economic benefits attributable to the assets are expected to flow to the Company and cost of the asset can
be measured reliably. The same are amortised over the expected duration of benefits. Such intangible assets are measured at cost less any accumulated
amortisation and impairment losses, if any. ''

3. Depreciation

Depreciation on fixed assets is provided on Written Down Value Method (WDV) at the rates arrived at on the basis of useful life / remaining useful
life and in the manner as prescribed in. Part C, Schedule II of the Companies Act, 2013,

4. Inventories

Inventories of Raw Materials are stated at cost. Semi-Finished Goods and Finished Goods are stated at cost or net realizable value, whichever is lower
Cost comprises ail cost of purchase, cost of conversion and other costs which are being incurred in bringing the inventories to their present location
and condition. Cost formula used is ''FIFO Basis''.

5. Retirement Benefits & Other Employee benefits

Defined-contributton plans:

Defined contribution to provident fund (PF) & employee state insurance (ESI) is charged to the profit and loss account on accrual basis.
Defined-benefii plans:

Provision for gratuity liability is provided based on actuarial valuation made covering all the period.

The company is not required to provide lor leave encashment as generally, the employees have utilized their respective leave entitlements Any
unutilized leave balance gets lapsed after the year end, as: per policy of the company, ''

Bonus expenditure is charged to profit and loss account on nct-mnl basis.

6. Lease accounting

Operating Leases: Assets acquired on lease where a significant portion of the risks and rewards of ownership are retained by the lessor are classified as
operating lease. Lease rentals on assets taken on operating lease are recognized as an expense in the statement of profit and loss. Initial direct cost in
respect of the lease acquired are expensed out in the year in which such costs are incurred.

7. Borrowing Costs

Borrowing costs that are directly attributable to the acquisition or construction of a qualifying asset are capitalized as part of the cost of that asset till
such time the asset is ready for its intended use. A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its
intended use. Costs incurred in raising tunds are amortized equally over the period for which the funds are acquired. All other borrowing costs are
charged to profit and loss account.

8. Taxes on Income

Tax expenses comprise Current Tax and deferred tax charge or credit.

Current tax - Provision for current tax is made based on tax liability computed after considering tax allowances and exemptions, in accordance with
the provisions of The Income Tax Act, 1961,

Deferred tax - Deferred tax assets and liability is recognized, on timing differences, being the differences between taxable income and accounting
income that originate in one period and are capable of rev ersal in one or more subsequent periods. Deferred tax assets arising mainly on account of
brought forward losses, unabsorbed depreciation and minimum alternate tax under tax laws, are recognized, only if there is a virtual certainty- of its
realization, supported by conv incing evidence. At each Balance Sheet date, the carrying amount of deferred tax assets are reviewed to reassure
realization. The deferred tax asset and deferred tax liability is calculated by applying tax rate and tax laws that have been enacted or substantively
enacted by the Balance Sheet date,

9. Earnings per share:

Basic earnings per share is calculated by dividing the net profit or loss for the year attributable to equity shareholders by the weighted average number
of equity shares outstanding during the year. Earnings considered in ascertaining the Company’s earnings per share is the net profit for the year
attributable to equity share holders. The weighted average number of equity shares outstanding during the year and for alt years presented is adjusted
for events, such as bonus shares, other than the conversion of potential equity shares, that have changed the number of equity shares outstanding,
without a corresponding change in resources.

For the purpose of calculating diluted earnings per share, the net profit or ioss for the year attributable to equity shareholders and the weighted average
number of shares outstanding during the year is adjusted for the effects of all dilutive potential equity'' shares.